Cemex
(NYSE:CX)
$8.2036
0.0236[0.29%]
At close: Apr 26
$8.2036
0[0.00%]
After Hours: 5:15PM EDT
Q1 2024 Earnings were released on Thu Apr 25th, before the market open
The most recent conference call was at 11:00 AM, 3 days ago Click to view past webcast
Cemex (CX) announced it will sell assets to DACON Corporation, DMCI Holdings, Inc. and Seminara Mining & Power Corporation on Thursday, April 25, 2024 for $660.0M
Consensus Rating1
Buy
Highest Price Target1
$10.50
Lowest Price Target1
$4.90
Consensus Price Target1
$8.20

Cemex Stock (NYSE:CX), Analyst Ratings, Price Targets, Predictions

Cemex SAB de CV has a consensus price target of $8.2, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, B of A Securities, and Barclays on April 26, 2024, April 24, 2024, and February 9, 2024. With an average price target of $9.33 between Goldman Sachs, B of A Securities, and Barclays, there's an implied 13.77% upside for Cemex SAB de CV from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Jan
1
Feb
1
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
B of A Securities
Barclays
Citigroup
JP Morgan

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cemex

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/26/2024CXBuy Now
Cemex
$8.2021.9%Goldman Sachs
Bruno Amorim
$9 → $10MaintainsBuyGet Alert
04/24/2024CXBuy Now
Cemex
$8.209.71%B of A Securities
Carlos Peyrelongue
$9 → $9DowngradeBuy → NeutralGet Alert
02/09/2024CXBuy Now
Cemex
$8.209.71%Barclays
Benjamin Theurer
→ $9DowngradeOverweight → Equal-WeightGet Alert
01/09/2024CXBuy Now
Cemex
$8.209.71%B of A Securities
Carlos Peyrelongue
$8.2 → $9UpgradeNeutral → BuyGet Alert
11/02/2023CXBuy Now
Cemex
$8.20-0.04%Citigroup
Andres Cardona
→ $8.2Reinstates → BuyGet Alert
07/28/2023CXBuy Now
Cemex
$8.209.71%JP Morgan
Adrian Huerta
$8 → $9MaintainsOverweightGet Alert
05/15/2023CXBuy Now
Cemex
$8.20-12.23%B of A Securities
Carlos Peyrelongue
→ $7.2DowngradeBuy → NeutralGet Alert
05/05/2023CXBuy Now
Cemex
$8.20-14.67%Citigroup
Andres Cardona
→ $7DowngradeBuy → NeutralGet Alert
05/04/2023CXBuy Now
Cemex
$8.209.71%Goldman Sachs
Bruno Amorim
$5.9 → $9UpgradeNeutral → BuyGet Alert
02/16/2023CXBuy Now
Cemex
$8.20-28.08%Goldman Sachs
Bruno Amorim
$5.2 → $5.9MaintainsNeutralGet Alert
12/08/2022CXBuy Now
Cemex
$8.20-40.27%Redburn Partners
Yuri Serov
→ $4.9Initiates → NeutralGet Alert
06/10/2022CXBuy Now
Cemex
$8.20-39.05%Berenberg
Harry Goad
$7.2 → $5DowngradeBuy → HoldGet Alert
04/05/2022CXBuy Now
Cemex
$8.20-26.86%Goldman Sachs
Bruno Amorim
$9.2 → $6DowngradeBuy → NeutralGet Alert
01/26/2022CXBuy Now
Cemex
$8.20-2.48%Barclays
Benjamin Theurer
$9 → $8MaintainsOverweightGet Alert
10/29/2021CXBuy Now
Cemex
$8.209.71%Barclays
Benjamin Theurer
MaintainsOverweightGet Alert
10/11/2021CXBuy Now
Cemex
$8.2027.99%BerenbergMaintainsBuyGet Alert
06/25/2021CXBuy Now
Cemex
$8.2034.09%Barclays
Benjamin Theurer
MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Cemex (CX)?

A

The latest price target for Cemex (NYSE: CX) was reported by Goldman Sachs on April 26, 2024. The analyst firm set a price target for $10.00 expecting CX to rise to within 12 months (a possible 21.90% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cemex (CX)?

A

The latest analyst rating for Cemex (NYSE: CX) was provided by Goldman Sachs, and Cemex maintained their buy rating.

Q

When was the last upgrade for Cemex (CX)?

A

The last upgrade for Cemex SAB de CV happened on January 9, 2024 when B of A Securities raised their price target to $9. B of A Securities previously had a neutral for Cemex SAB de CV.

Q

When was the last downgrade for Cemex (CX)?

A

The last downgrade for Cemex SAB de CV happened on April 24, 2024 when B of A Securities changed their price target from $9 to $9 for Cemex SAB de CV.

Q

When is the next analyst rating going to be posted or updated for Cemex (CX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cemex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cemex was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.

Q

Is the Analyst Rating Cemex (CX) correct?

A

While ratings are subjective and will change, the latest Cemex (CX) rating was a maintained with a price target of $9.00 to $10.00. The current price Cemex (CX) is trading at is $8.20, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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